Answer: $20,000
Explanation:
Given that,
Charlie's Chocolates' had
Stock issuance = $52,000
Dividends = $21,000
Revenues = $85,000
Expenses = $65,000
Net income is calculated by subtracting expenses from revenues.
Net income = Revenues - Expenses
= $85,000 - $65,000
= $20,000
Charlie's Chocolates' net income is $20,000.
Answer:
Budgeted purchases = $71000
Explanation:
Below is the given values:
Direct material for the production = $70000
Ending raw material inventory = $3000
Beginning raw material = $2000
Budgeted purchases = Direct material for the production + Ending raw material - Beginning raw material
Budgeted purchases = 70000 + 3000 - 2000
Budgeted purchases = $71000
The answer in this question is B Yes because the cost of the annual premium for 10 years was less than the accident claims. The cost of the insurance benefit of transferring the risk to the insurance company outweigh the cost of the premium because of the cost of the annual premium for 10 years was less than the accident claims.
Answer:
C. An intermediary that makes goods convenient for businesses to
buy.
Explanation:
Wholesalers are businesses that buy finished products from manufacturers and sell them to retailers. They are members of the supply chain. Wholesalers buy goods in bulk, break the bulk, and sell them to retailers. In some instances, some wholesalers may sell directly to consumers.
Retailers are businesses that sell to end consumers. They are the primary customers to wholesalers. Therefore, wholesalers are intermediaries who sell to other businesses.
Answer:
NPV = $0.89 million
Explanation:
The net present value is an important concept in evaluation a project. It calculates the return a project provides when discounted at the required rate. The initial cost involved in the project is deducted from the discounted cash flows provided by the project and if the NPV is positive, the project should be proceeded with.
The formula for NPV is,
NPV = CF1 / (1+r) + CF2 / (1+r)^2 + ... + CFn / (1+r)^n - Initial outlay
NPV = 7 / (1+0.18) + 7 / (1+0.18)^2 + 7 / (1+0.18)^3 + 7 / (1+0.18)^4 + 7 / (1+0.18)^5 - 21
NPV = $0.89 million
